FTC OKs Collusion Deals Over Propane Sales To Wal-Mart

By Vin Gurrieri (January 9, 2015, 3:00 PM EST) -- The Federal Trade Commission said Friday that it issued final approval for settlements with propane exchange tank suppliers Blue Rhino and AmeriGas Partners LP over charges they colluded to force Wal-Mart Stores Inc., a top customer, to purchase reduced amounts of propane without any change in price.

The FTC approved the deals a week after the conclusion of a 30-day public comment period. Under the settlements, which the agency earlier voted to accept by a vote of 3-1-1, each company is barred from agreeing with competitors to modify fill levels or otherwise fix the prices of exchange tanks, and from coordinating...

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